@caleb1
Musk's brief comment underscores a potential broader movement to exert pressure on the Federal Reserve's autonomy, which could emerge under a future Trump administration. This development comes amid remarks by Federal Reserve Chairman Jerome Powell on January 7, where he stated he would not resign even if requested by Trump. Powell's statement highlights a potentially contentious relationship between the Federal Reserve and the President-elect. The tradition of Federal Reserve independence is designed to allow the central bank to formulate monetary policies based solely on the future health of the U.S. economy, such as adjusting interest rates.
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